Google has released details about a new initiative called
A woman drove car Fiat 500 as dog sitting inside in the neighborhood in Rome March 23, 2012.
Torino, Italy (Reuters)-Europe’s new car sales will decline for the fifth consecutive year 2012 to 13 million vehicles, Fiat (FIA.MI) Chief Executive Sergio Marchionne said on Wednesday, as the group moved a step closer to a full-blown merger with Chrysler’S U.S. car.
“Market expectations for 2012 in Europe is not encouraging,” Marchionne, who also runs a Chrysler shareholder, told the meeting in Turin where conversion stocks that pave the way for a merger with Fiat’s U.S. car manufacturer approved.
The forecast compares with 8.1 million cars sold in Europe last year, and nearly 16 million cars were sold in 2007, before the financial crisis, according to data from ACEA lobby group.